Asheville NC Multi-Family Homes

MLS Number CAR3724102

• MultiFamily
• MLS Status Active
• Bedrooms 6
• Square Feet 2916
• Year Built 1927

Well maintained, vintage tri-plex between Merrimon and Kimberly Avenues, perfectly situated less than 3 miles from downtown with easy access to vibrant North AVL and historic Grove Park. Sweet private back yard for tenant enjoyment, common laundry on site, separate single garage for additional storage. 2019 roof, whole basement sealing system and updated units. Fully occupied, all leases terminate in August. This is a unique opportunity for the savvy investor!

Listed by Lisa Yoli of EXP Realty LLC

MLS Number CAR3729632

• MultiFamily
• MLS Status Active
• Bedrooms 3
• Square Feet 1251
• Year Built 1929

Fabulous location just north of downtown. Income producing duplex just blocks from UNC Asheville, along the Weaver Greenway and minutes from downtown. Home has fantastic rental history. Current tenants of front duplex in place until end of May. Tenant in back in place until end of June. Lots of options with this property. Continue to use as a duplex or easy conversion to a single family home. This is a great investment property at a very low price for this area. House sold as-is! Lockbox/Key, Showing Service. Showings may be limited due to tenant occupancy. Home is agent-owned. --

Listed by Anna Peddy of Preferred Properties

MLS Number CAR3726954

• MultiFamily
• MLS Status Active
• Bedrooms 3
• Square Feet 2519
• Year Built 1905

Looking for unparalleled walkability and charm? This historic property is exactly what you're looking for. Walks to All Day Darling, Montford Roof Top Bar, The Grove Arcade, Chiesa, and Nine Mile are 4, 4, 6, 7 and 11 minutes respectively. Recently renovated kitchens and bathrooms while preserving the charm and quality materials from the beginning of the last century make this the one to see before it's gone. The private, fenced backyard make this the perfect urban oasis. Live in one unit and rent out the other. A simple alteration would make this an excellent candidate for a homestay/short term rental situation.

Listed by Brad Puffer of Keller Williams Professionals

MLS Number CAR3725088

• MultiFamily
• MLS Status Active
• Bedrooms 6
• Year Built 1956
• Acreage 4.59

Location! Minutes to the Blue Ridge Parkway and sits just outside the Asheville City limits. Conveniently located level 4.59 acres off HWY 70/Tunnel Rd with city water and sewer, this property is ideal for investors or builders who love renovation projects! Property includes 4 structures: 3 homes (1 is condemned) and 1 single wide that will likely need to be removed. R-2 zoning permits: Single Family, 2 Residential Units (attached or detached), Multifamily residential units (No more than 8 units in no more than 4 buildings), Subdivisions; property being sold "AS-IS" -- buyer to verify all zoning/property uses. Total of 4.59 acres- 1.79 acres PIN# 9678-48-0491 and .83 acres portion of PIN# 9678-48-1029 Deed Book 4617/262 and 1.97 acres of PIN#9678-38-9219 Deed Book 5949/666. Seller is keeping bottom portion of property: NOT for sale. Listing agent accompany. No drive-bys; do not enter homes for safety purposes. Take a look from bird's eye view: https://youtu.be/TWBlAJddM4c

Listed by Clarissa Marshall of EXP Realty LLC

MLS Number CAR3727323

• MultiFamily
• MLS Status Active
• Bedrooms 4
• Square Feet 2399
• Year Built 1915

Great opportunity to own an income producing property walking distance to Downtown Asheville and River Arts! Good rental history. Live in the main house and lease out the back or lease them both. One PIN that includes two structures with separate gas, and electric, but shared city water/ sewer. The total HLA for the two dwellings is 1810sf (1221sf front house & 589sf back house). 114 Clingman rents for $1675 (ends 6/2/21) & 114.5 Clingman rents for $1200 (ends 7/31/21). Listing agent related to seller.

Listed by Stoner Giltz of Tessier Associates

MLS Number CAR3724506

• MultiFamily
• MLS Status Active
• Bedrooms 6
• Square Feet 2859
• Year Built 1951

INVESTMENT OPPORTUNITY! This fully rented and well maintained West Asheville 4-plex would be a smart addition to your investment portfolio with room to increase rents and your return on investment. The property features two 2 bedroom/2 bath units both with stackable washer/dryer and two 1 bedroom/1 bath units. All the units are well maintained, have hardwood floors, ample sized rooms, and each unit has its own outdoor space. Additional opportunity to expand your investment by purchasing the vacant .38 acre RM8 lot next door.

Listed by Luiz Leonetti and Mike Miller of Town and Mountain Realty

MLS Number CAR3716249

• MultiFamily
• MLS Status Active
• Bedrooms 3
• Square Feet 1344
• Year Built 1930

Investment opportunity with guaranteed rents for several months! Possible owner financing. Only 4 mins to Biltmore Village and 10 mins to downtown Asheville; convenient to I-40, everything south Avl and beyond. Guaranteed rents for Unit A until August 2022 and Unit B until September 2021. Separate electric meters, newer metal roof, efficient heat pumps. Washer and electric dryer closets in both units (w/d owned by tenants). Exterior has fresh new paint and Unit B was just renovated with brand new vinyl plank flooring and fresh new paint throughout. Spacious, level and sunny backyard ideal for vegetable garden, play area and barbeques! Neighborhood garden, baseball field, community center and playground just a few houses down the street. **Drive-by is encouraged before scheduling a showing; please don't disturb tenants. Listing Agent is owner.

Listed by Lisa Gurney of Exit Realty Vistas

MLS Number CAR3718145

• MultiFamily
• MLS Status Active
• Square Feet 681
• Year Built 1950
• Acreage 0.65

INVESTMENT opportunity in West Asheville! .65 acre parcel with at least 2 building lots.Possible to have up to 4 lots if approved by city. Zoned residential multi-family. Can build: Single family, townhomes, duplex or apartments. Potential to build up to up to 16-20 units. Multi-level dwellings would provide mountain views. Land is gently sloping and units could have lower levels or below level parking depending on type of build and city zoning. Home is in good condition with a 2019 roof, hardwood floors, replacement windows and deck overlooking large beautiful fenced backyard. Can rent the existing home and have at least 2 additional building lots for new single family homes. Approximate lot size is 9000 SqFt. 16X28 storage shed is great for workshop or storage. City water, city sewer currently connected to home.Possible to connect for multi-family development. Buyer to verify utility connections & fees with the City. Natural gas connection is available.

Listed by Jana Osada of Keller Williams Elite Realty

MLS Number CAR3722076

• MultiFamily
• MLS Status Active
• Bedrooms 5
• Square Feet 1162
• Year Built 1923

INVESTORS - Don't miss this opportunity! County is stating the property is subdividable. 2 homes on .6 acres with proven rental history. 3 bed 1 bath w/ laundry hookup in main house, 2 bed 1 bath in guest house. Utilities are separate. Main house has been rewired with 200 amp electric recently and HVAC is 8 years old. Has been updated with some new windows and freshly painted inside and out. 3 mile drive to downtown Asheville & 2 mile drive to Beaver Lake.

Listed by Ashley Sandahl of RE/MAX Mountain Living

MLS Number CAR3721507

• MultiFamily
• MLS Status Active
• Bedrooms 3
• Square Feet 2178
• Year Built 1925

Great location close to everything. An investor's dream in the heart of downtown Asheville. Existing home has 2 separate livable units as well as a basement with ample space to work with. The sound structure and character of this home allow the imagination to run wild. Offering the perfect opportunity for an experienced investor to renovate and resell, or hold as a rental. Being within walking distance to downtown, grocery stores, restaurants, and green ways this opportunity won't last long.

Listed by Staci Watkins and Rhionna Harris of Century 21 Mountain Lifestyles

MLS Number CAR3717641

• MultiFamily
• MLS Status Active
• Bedrooms 5
• Square Feet 2184
• Year Built 1980

Location, Location and Great location - Located in downtown Asheville. Nice Corner lot. S French Broad Ave and Phifer St. Home was remodeled in 2017. Upstairs Unit A has 3 bedrooms and 2 full bathroom. downstairs Unit B has 2 bedrooms, 1 full bathroom plus a bonus room. Great Income property. Duplex Unit, both are currently rented. Rent income $2500 per month. Great Tenants and Great Rental history.

Listed by Ya Goodrum of Falcon Real Estate Corporation

MLS Number CAR3711014

• MultiFamily
• MLS Status Active
• Bedrooms 5
• Square Feet 1639
• Year Built 1962

Investment opportunity in West Asheville. Two units on .48 acres with potential for $2,000/month gross income. All appliances included with both units, including washers and dryers. Three bedroom home roof is 2 years old and 2 bedroom home has 5 year old roof. Tenants in place with month to month lease. County taxes and just outside of the city for guaranteed rental occupancy. One of the few multi family income producing properties left so close to town.

Listed by Karen Svites of Keller Williams - Weaverville

MLS Number CAR3692433

• MultiFamily
• MLS Status Active
• Square Feet 10415
• Year Built 1964
• Acreage 1.5

Located in Buncombe County but minutes to West Asheville (no city taxes), this multi-family property situated on 1.5 acres offers promising investment potential in the affordable rental market. The property consists of two parcels with a brick home, two multi-unit buildings, duplex cottage and a manufactured home. Nine current units have a historically strong occupancy rate. Unrenovated 2,500 SF, two-level brick home has many possibilities. Several partially renovated apartments in other buildings have potential to generate more income. Private road (Swager Drive) off Cedar Hill Road affords easy access to units within the complex. Convenient location 15 minutes to downtown AVL and 10 minutes to WAVL. Several units offer mountain as well as downtown views. Open-use zoning! We welcome buyers to review detailed listing materials outlining property specifications. Drone video available at the following link: https://youtu.be/L6KvlS8nOb4. Also listed as COMMERCIAL under MLS 3691578.

Listed by Christian Witt and Rob Montague of Asheville Realty Group

MLS Number CAR3689416

• MultiFamily
• MLS Status Active
• Square Feet 1296
• Year Built 1972
• Acreage 0.64

Investor Opportunity to build a multifamily project. City planners have tentatively approved entire property for 16 units. Current seller has documentation. Also possible to utilize the rear 2 lots to be divided into 3 building slots. Depending on whether current house is removed, would allow for 8 building lots. Other possibilities: Utilize the current home as a stand alone, which is currently being rented. Utilize rear portion of property as personal garage/workshop projects. Due Diligence already completed with Civil Engineering Co. & City Zoning & Planning. The home has city water/sewer. Water and sewer allocation secured for up to 22 units. Contact us for additional information. Sale to include 3 PINs: 9658375224, 965875184, 9658376148. SELLER IS A LICENSED REAL ESTATE AGENT.

Listed by Steve Bourke and Bob Bryenton of Keller Williams Professionals